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Tennessee State University Operations And Supply Chain Management Assignment Help - Cardinal Castles, Inc.

Question - Cardinal Castles, Inc., makes one type of birdhouse that it sells for $30 each. Its variable cost is $14 per house, and its fixed costs total $13,840 per year. Cardinal currently has the capacity to produce up to 2,000 birdhouses per year, so its relevant range is zero to 2,000 houses. 1: Prepare a contribution margin income statement for Cardinal assuming it sells 1,100 birdhouses this year. (Input all amounts as positive values. Omit the "$" sign in your response.) Cardinal Castles, Inc. Contribution Margin Income Statement Sales revenue:__________ less: variable costs:__________ contribution margin:__________ less: fixed costs:__________ income from operations:__________ 2: W ithout any calculations, determine Cardinal' ...Read More

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